E-INVOICE APPLICABILITY

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This query is : Resolved

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This discussion clarifies e-invoicing applicability based on turnover. If your annual turnover, including any pre-GST VAT turnover, exceeded 5 crore rupees in the 2017-18 financial year, e-invoicing is applicable to your business. This means you must electronically upload all B2B and B2G invoices to the designated portal.

Chirag H. Thakkar

Chirag H. Thakkar (Querist)
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20 July 2023 Our turnover in 2017-18 for GST period i.e. july17 to march 18 was Rs. 4.8 Cr. but Including Gujarat VAT turnover for April - june 2017, turnover was more than 5 Cr.
we want to know that whether E-invoicing will be applicable from 01.08.2023?
Please provide the provision in details.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 July 2023 Yes E invoice applicable as your annual turnover exceeds 5 crore for 2017-18.

If you are a business with an annual turnover exceeding 5 crores, e-invoice is applicable, and you need to electronically upload all B2B and B2G invoices to the portal. You need to generate the e-invoice in the required format and upload it to the IRP portal.

Chirag H. Thakkar

Chirag H. Thakkar (Querist)
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21 July 2023 Sir, but my turnover under GST was below 5CR. then also applicable?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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21 July 2023 You have to consider annual turnover which includes VAT turnover.

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